InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,219.90
(
-0.03%
)
US TECH 100
17,738.20
(
0.08%
)
Dow Jones
39,381.87
(
-0.13%
)
Brent Oil
82.12
(
-1.31%
)
Bitcoin
61,431.85
(
-2.34%
)
Post# of 801
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

LouisDesyjr

Send PM Follow Ignore
Followers 48
Posts 2095
Boards Moderated 0
Alias Born 02/08/2011

LouisDesyjr

Re: None

Wednesday, 11/11/2015 4:48:31 PM

Wednesday, November 11, 2015 4:48:31 PM

Post# of 801
It looks like it is over


2015 Q3 10Q report for the period ending September 30, 2015:
http://ih.advfn.com/p.php?pid=nmona&article=69207006

plus a follow up report from Bloomberg that cites them as expecting to default
http://www.bloomberg.com/news/articles/2015-11-11/energy-default-alarms-get-louder-as-pain-seen-lasting-into-2016


It looks like it is all over for Emerald Oil. The Q3 2015 report is bad. The company has only $25 million in current assets to pay $38 million in payables. Equity since Dec 31, 2014 has fallen from $321 million to only $44 million due to loses and all kinds of write downs.

It looks like the company is getting hit with all kinds of write offs.

Louis J. Desy Jr.


Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up